The Department of Education would like to test the hypothesis that the average debt load of graduating students with a Bachelor's degree is equal to $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The Department of Education would like to set = 0.05. Which one of the following statements is true?

A. Because the p-value is greater than , we fail to reject the null hypothesis and cannot conclude that the average debt load is not equal to $17,000.

B. Because the p-value is greater than , we fail to reject the null hypothesis and conclude that the average debt load is equal to $17,000.

C. Because the p-value is less than , we fail to reject the null hypothesis and conclude that the average debt load is not equal to $17,000.

D. Because the p-value is less than , we reject the null hypothesis and conclude that the average debt load is equal to $17,000.

Thank you.